Metal Tiger (#MTR) starts drilling on Logrosan jv in Spain
- 2015-04-27 23:55:08
Four months ago I suggested that mining investment specialist Metal Tiger (MTR) was a “mouse that might roar”. Despite two decent rallies since I covered the stock, on both occasions the share price gave back the gains. Today it trades at 0.7p, slightly above my original call. For anyone who has followed Metal Tiger closely this must have been a frustrating train of events, not least because of the significant progress the company has made in realising its ambitious goals. Yes, the mining sector remains mired in the severe downturn of recent years, but Metal Tiger has already proved its incisive edge in rooting out and profiting from some of the best buying opportunities in this tough environment. I caught up with CEO Cameron Parry to hear why he believes the current market is “alive with opportunity” and what he intends to do about it.
Paul Johnson, non-executive director of Metal Tiger (MTR), is confident the company is poised to deliver a stunning turnaround. Formerly called Brady Exploration, this was one of AIM’s many little disaster stories. However, that is in the past and with new management, a new strategy and a refinanced business, Metal Tiger could be one to watch in the coming years, as the resource sector recovers from its savage bear market.






